Buyer’s market -- I'm no longer thinking so (prices never higher!) (1 Viewer)

[Rhodeman77]

Interesting observation. There is a lengthy thread started in mid-April (just three months ago) about it being a seller's market, with most agreeing with that assessment.

Not saying it's incorrect or invalid, but what has changed in the last 90 days to cause such a major shift in perception?

I and others think the influx of sub $1, brand new quality chips, namely the Gemaco marketing line and the Sun-Fly hybrids are the main reason.

Thus lessoning the demand for chips like used Aztar, Horseshoe, Bahamia, PCA primaries, etc. that were selling for about the same price or a little more.

 

[allforcharity]

Honest feedback here - your price was too high for this buyers market. Those chips are definitely unique and very cool. But cash chips without edge spots are always a tough sell. And the gold inlay that makes them unique also makes them tough for a lot of people to put in a mixed set. But the bottom line is that their condition reduces their value. Look at these beauties - uncommon “80s Paulsons, similar condition to yours, edge spots like you dream about, listed at under a buck a chip, and it doesn’t look like they sold.
https://www.pokerchipforum.com/threads/2500-paulson-casino-royale-limit-set.25628/

Noted. I joined the site after these were listed, so I didn't know about them.
I only have 7, maybe 8 racks left to move, so won't be in the same spot as trying to move 25.

eBay prices have definitely gone in-freakin'-sane for most chips in any quantity. There are still good deals out there, but very hard to sniff out because of competition. There's a lot of cross-posting, with very high price differentials.

I see Starburst prices in bulk, at least here, have come back to some reasonable levels.

 

[Coyote]

The law of supply and demand in pure form exists only in textbooks. In reality, there is an array of important factors which hamper competition and greatly reduce that "law's" truth.
Most markets, if unattended by a legitimate authority or by just public outcry, tend to always become seller's markets. Oligopoly/cartel or even monopoly is the fate of any totally deregulated market.
Demand, also, can vary from inexistent to unelastic between different social, age, geographical etc groups.
Most human beings wouldn't care for real clay or whatever poker chips.
Human beings joining this forum do so willing to (and further encouraged to) buy something. It's a seller's market by definition, inevitably taking advantage of unelastic demand.
While I oppose the idea of a (literal) price police when it comes to hobby goods, some public voicing of buyers' concern, where and when appopriate and permissible, would be rather welcome.

 

[JustinInMN]

Most markets, if unattended by a legitimate authority or by just public outcry, tend to always become seller's markets.

I've been on PCF long enough to know there's no shortage of public outcry.

 

[Rhodeman77]

I have sent PM’s to people and have had people PM me asking what I think is a fair price for various chips.

I have even done it unsolicited for new members on occasion when they have posted interest in a sale ad that was way over priced in my opinion. Like I told the person in the message, if nobody is posting in the sale ad that the chips offered are a good deal, or a fair price, that is telling. It usually means they are over priced. But since it is against the rules to say anything in the sale thread itself, the lack of any posts other than bumps by the seller are a strong indicator of being over priced chips.

 

[Steverino]

Dice chips are the best!
View attachment 186973

MMMMM Mama says they're the devil!